3D Systems (DDD) Scheduled to Post Earnings on Tuesday

3D Systems (NYSE:DDD) will be issuing its quarterly earnings data after the market closes on Tuesday, October 30th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.

3D Systems (NYSE:DDD) last posted its quarterly earnings results on Tuesday, August 7th. The 3D printing company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.12. The firm had revenue of $176.57 million for the quarter, compared to the consensus estimate of $165.83 million. 3D Systems had a negative net margin of 11.54% and a negative return on equity of 9.22%.

DDD stock opened at $16.46 on Friday. The company has a market cap of $1.95 billion, a price-to-earnings ratio of -28.88 and a beta of 1.69. 3D Systems has a one year low of $7.92 and a one year high of $21.78. The company has a current ratio of 1.95, a quick ratio of 1.44 and a debt-to-equity ratio of 0.01.



In other news, COO Kevin Mcalea sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $21.21, for a total value of $424,200.00. Following the transaction, the chief operating officer now owns 250,257 shares in the company, valued at $5,307,950.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Andrew Martin Johnson sold 4,200 shares of the firm’s stock in a transaction that occurred on Wednesday, October 24th. The stock was sold at an average price of $17.80, for a total transaction of $74,760.00. Following the completion of the transaction, the executive vice president now owns 208,825 shares in the company, valued at approximately $3,717,085. The disclosure for this sale can be found here. Insiders sold 33,400 shares of company stock worth $669,400 in the last 90 days. Company insiders own 5.00% of the company’s stock.

DDD has been the topic of several research reports. Zacks Investment Research raised shares of 3D Systems from a “sell” rating to a “hold” rating in a research note on Tuesday, July 3rd. ValuEngine raised shares of 3D Systems from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 9th. Loop Capital lifted their price target on shares of 3D Systems to $17.00 and gave the stock a “hold” rating in a research note on Wednesday, August 8th. They noted that the move was a valuation call. Piper Jaffray Companies raised shares of 3D Systems from an “underweight” rating to a “neutral” rating and lifted their price target for the stock from $14.00 to $17.00 in a research note on Wednesday. Finally, Susquehanna Bancshares set a $16.00 price target on shares of 3D Systems and gave the stock a “hold” rating in a research note on Friday, August 10th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $13.44.

3D Systems Company Profile

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names.

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Earnings History for 3D Systems (NYSE:DDD)

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